The retail space on the ground floor of the Related Group’s new Millecento condo was sold for $10.5 million.
FA Commercial’s Fabio Faerman represented buyer Ledoc LLC in the purchase of 17,500 square feet in the building at 1100 S. Miami Ave. for $650 per square foot. He said it was purchased in 2013 at pre-construction prices and should be worth nearly double that now.
The seller was Related Group affiliate PRH 1100 S Miami Avenue LLC. Miami Lakes-based BankUnited (NYSE: BKU) provided a $7…
No comments:
Post a Comment